SBS Transit Ltd provides bus and rail public transport services primarily in Singapore. It operates through Public Transport Services and Other Commercial Services segments. The company operates scheduled buses. It also operates North East MRT Line, an automatic underground heavy rail system; Downtown Line, an underground line; and Sengkang and Punggol light rail transits. In addition, the company offers advertisement on the buses and trains, as well as at bus interchanges, and railway stations; and commercial and shop space for lease at bus interchanges and rail stations. It operates 228 bus route services with a fleet of 3,548 buses; and 78 stations with a fleet of 192 trains. The company was formerly known as Singapore Bus Services Limited and changed its name to SBS Transit Ltd in November 2001. The company was founded in 1973 and is based in Singapore. SBS Transit Ltd is a subsidiary of ComfortDelGro Corporation Limited.
SBS Transit Dividend Announcement
• SBS Transit announced a semi annually dividend of S$0.06 per ordinary share which will be made payable on 2024-08-28. Ex dividend date: 2024-08-20
• SBS Transit annual dividend for 2024 was S$0.11
• SBS Transit annual dividend for 2023 was S$0.11
• SBS Transit's trailing twelve-month (TTM) dividend yield is 4.48%
• SBS Transit's payout ratio for the trailing twelve months (TTM) is 40.53%
• SBS Transit's dividend growth over the last five years (2018-2023) was 2.50% year
• SBS Transit's dividend growth over the last ten years (2013-2023) was 15.77% year
SBS Transit Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-20 | S$0.06 | semi annually | 2024-08-28 |
2024-05-03 | S$0.06 | semi annually | 2024-05-14 |
2023-08-21 | S$0.06 | semi annually | 2023-08-30 |
2023-05-05 | S$0.05 | semi annually | 2023-05-16 |
2022-08-17 | S$0.05 | semi annually | 2022-08-25 |
2022-05-06 | S$0.02 | semi annually | 2022-05-26 |
2021-08-19 | S$0.06 | semi annually | 2021-09-01 |
2021-05-06 | S$0.06 | semi annually | 2021-05-19 |
2020-05-29 | S$0.06 | semi annually | 2020-06-08 |
2020-04-30 | S$0.06 | semi annually | |
2019-08-19 | S$0.07 | semi annually | 2019-08-27 |
2019-05-03 | S$0.07 | semi annually | 2019-05-13 |
2018-08-15 | S$0.06 | semi annually | 2018-08-27 |
2018-05-02 | S$0.04 | semi annually | 2018-05-11 |
2017-08-16 | S$0.04 | semi annually | 2017-08-25 |
2017-05-02 | S$0.03 | semi annually | 2017-05-12 |
2016-08-17 | S$0.02 | semi annually | |
2016-05-04 | S$0.01 | semi annually | |
2015-08-18 | S$0.02 | semi annually | |
2015-04-28 | S$0.01 | semi annually | |
2014-08-18 | S$0.01 | semi annually | |
2014-04-30 | S$0.01 | semi annually | |
2013-08-19 | S$0.01 | semi annually | |
2013-05-02 | S$0.02 | semi annually |
SBS Transit Dividend per year
SBS Transit Dividend growth
SBS Transit Dividend Yield
SBS Transit current trailing twelve-month (TTM) dividend yield is 4.48%. Interested in purchasing SBS Transit stock? Use our calculator to estimate your expected dividend yield:
SBS Transit Financial Ratios
SBS Transit Dividend FAQ
Other factors to consider when evaluating SBS Transit as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: SBS Transit's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, SBS Transit publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, SBS Transit distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from SBS Transit are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: SBS Transit sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, SBS Transit distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SBS Transit declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of SBS Transit's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review SBS Transit's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.